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GUSE vs RONB

Goldman Sachs Enhanced U.S. Equity ETF

GUSEANasdaq

Baron First Principles ETF

RONBFNYSE

Overlap

Expense ratio

GUSE −0.70pt a year

GUSE0.30%RONB1.00%

Avg volume · 30D

RONB 21.6×the volume

GUSE24.9KRONB538K

GUSE vs RONB Performance

Dec 31, 2025 – Oct 30, 2026

+11.8%GUSE−4.0%RONB

Dec 31, 2025 to Oct 30, 2026. GUSE +11.8%. RONB −4.0%. Use the arrow keys to read each point.−15%−10%0%5%Dec 2025Jun 2026Oct 2026
Expense ratio
GUSE 0.30%, better
RONB 1.00%
Fund size
GUSE $421M
RONB $336M
Holdings
GUSE 122
RONB 22
Avg volume (30D)
GUSE 24.9K sh
RONB 538K sh, better
NAV per share
GUSE $46.05
RONB $24.04
52W range

ETF.net Grade

GUSE: Cost 97, Risk 94, Mission not scored, Tradability 46, Holdings 89, Durability 85. RONB: Cost 2, Risk 22, Mission not scored, Tradability 69, Holdings 17, Durability 43.
Pillar letters and Scores for GUSE, RONB, with each pillar’s weight
PillarGUSERONB
Cost30% weightA97HigherF2
Mission25% weightNot scoredNot scored
Risk15% weightA94HigherF22
Tradability15% weightC46B69Higher
Holdings10% weightA89HigherF17
Durability5% weightA85HigherC43

Rank among US Active Growth funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GUSE and RONB are both graded against the same 90 US Active Growth funds, so their Grades compare head to head.

US Active Growth⁠

Category · 90 funds
See all 90 ›

GUSE ranks 2nd and RONB 85th of 90 funds in the US Active Growth Category.

  1. Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
  2. Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
  3. Rank 3ALRGCAB US Large Cap Strategic Equities ETFScore 81
  4. Rank 83DTMFMMotley Fool Mid-Cap Growth ETFScore 25
  5. Rank 85FRONBBaron First Principles ETFScore 23
  6. AEMGNot yet graded
  7. FTGNot yet graded
  8. HIAINot yet graded
  9. ZDISNot yet graded
  10. ZINNNot yet graded

Our read on each fund

ETF.net Research

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

RONBFBaron First Principles ETF

In short

GUSE Goldman's fundamental stock pickers hunting long-term growth in US companies, for 0.30% a year. The strategy dates to 2008 and charges well under the typical active US growth fund.

RONB No data

Stated mandate

GUSE The Fund seeks long-term growth of capital by investing in companies that the Investment Adviser believes are positioned for long-term growth.

RONB No data

Why people hold it

  • GUSE Charges 0.30% a year, against a 0.54% median for its active US growth cohort. Cheap, for stock picking.
  • Actively run with no index to shadow. Managers hold companies they judge positioned for long-term growth, so the portfolio can look different from a large-cap benchmark.
  • Inception dates to 2008, so the strategy has run through multiple market cycles, not one long rally.
  • One of the stronger implementations in a crowded field of active US growth funds.

RONB No data

Worth knowing

  • GUSE Trades thinly next to the category's heavyweights. Spreads can be wider, which bites most on large or hurried orders.
  • Two peers in the same top tier undercut it on fee: JUSA at 0.12% and FELG at 0.18%. Price is not where this one stands out.
  • Distributions land once or twice a year, not monthly. Growth of capital is the stated goal, not an income stream.

RONB No data

Full GUSE profile⁠

Full RONB profile⁠

GUSE vs RONB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GUSE vs RONB Cost

Overpaying RONB vs GUSE

$12,539

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GUSE 0.30%

    $6,149

  • RONB 1.00%

    $18,688

$10,000
30 years

Cost over time

  • GUSE 0.30%
  • RONB 1.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530RONB $18,688GUSE $6,149

Year by year

YearGUSERONBOverpaying
10$545$1,763$1,218
20$2,113$6,625$4,512
30$6,149$18,688$12,539

Expense ratio

  • 0.30%GUSE, cheaper
  • 1.00%RONB
  • Middle half of US Active Growth funds
  • Median 0.55%

GUSE 3rd cheapest of 90 funds

RONB 88th cheapest of 90 funds

GUSE vs RONB Dividends

Last 12 months to Oct 30, 2026
Last payment
GUSE $0.30
RONB $0.0002
Ex-dividend
GUSE Dec 23, 2025
RONB Sep 22, 2026
Paid on
GUSE Dec 30, 2025
RONB Sep 23, 2026
Frequency
GUSE Irregular
RONB Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

GUSEIrregular · 1 paymentAll GUSE payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.30. Use the arrow keys to read each point.$0$0.252026YTD
RONBIrregular · 1 paymentAll RONB payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Sep 22, 2026 $0.0002. Use the arrow keys to read each point.$0$0.252026YTD

GUSE vs RONB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
GUSE 0.93RONB 0.74

Popular comparisons

  • GUSEAvsJUSAA

    Goldman Sachs Enhanced U.S. Equity ETF · JPMorgan U.S. Research Enhanced Large Cap ETF

    Expense ratio
    0.30% · 0.18%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • RONBFvsJUSAA

    Baron First Principles ETF · JPMorgan U.S. Research Enhanced Large Cap ETF

    Expense ratio
    1.00% · 0.18%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • GUSEAvsLRGCA

    Goldman Sachs Enhanced U.S. Equity ETF · AB US Large Cap Strategic Equities ETF

    Expense ratio
    0.30% · 0.39%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • RONBFvsLRGCA

    Baron First Principles ETF · AB US Large Cap Strategic Equities ETF

    Expense ratio
    1.00% · 0.39%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • GUSEAvsFELGA

    Goldman Sachs Enhanced U.S. Equity ETF · Fidelity Enhanced Large Cap Growth ETF

    Expense ratio
    0.30% · 0.18%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • RONBFvsFELGA

    Baron First Principles ETF · Fidelity Enhanced Large Cap Growth ETF

    Expense ratio
    1.00% · 0.18%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.